Perth (North West)

$200,000 50% or $400,000 100%Northbridge TAB

Northbridge TAB

Location: Northbridge

Ownership: $200,000 50% or $400,000 100%

Income Ratio: POA *

Annual Commission: POA

Located in the heart of Northbridge is a spacious, inviting, neat and tidy TAB.
In a high exposure location central to restaurants, coffee shops, clubs and a multi storey car park results in it being in a high volume foot traffic area.
With walk in lunch time and dinner time clients as well as our strong wagering market consisting of our regulars (restaurant workers and other business workers on break) it results in strong sales through out the year.

Well supported with self service terminals and touch screen information terminals there is minimal demand for staffing. You are able to run this as a sole operator or family partnership.
All training and on going support is provided by Racing and Wagering Western Australia.
If purchasing full share out going partners are happy to work and give support initially.

The TAB operates under a long term TAB agency agreement. There are no franchise fees, no leasing costs or inventory costs resulting in minimal operating and outgoing costs.

The potential for growth exists with online trailing commissions from accounts as well as sales from customer personal devices via beacon technology. As we are in the entertainment district of Perth with many festivals, parades held yearly as well as many pubs and clubs nearby this potential is strong.
Northbridge is developing and progressing forward after a period of down turn. A new Hilton Double Tree hotel just opened a few feet down the road. New Student accommodation around the corner and the Perth link opening up more means that ticket sales can only increase as Northbridge moves forward.

Current Owners have been in the TAB business many years and reluctantly selling due to health reasons.

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*Based on gross commission minus GST for twelve months prior to listing date. Agency operational costs / casual wages not included.

Date Listed: Tuesday, 2 April 2019 3:14 PM

$252,500Innaloo TAB

Innaloo TAB

Location: The St George Hotel

Ownership: 50%

Income Ratio: POA *

Annual Commission: $98,000

The Innaloo TAB is located within The Saint George Hotel (AHA award winner for the best sporting venue - 2018). Inside the TAB, customers can utilise the adjacent sports bar area of the Hotel which has Foxtel showing a wide range of sporting events. This enables a mutually beneficial relationship between the 2 businesses with customers free to walk between the TAB, restaurant, main bar and the sports bar of the Hotel. Many customers enjoy the unique situation whereby they can relax with a meal and an alcoholic beverage whilst enjoying the TAB facilities.

The TAB is spacious with table seating for 15 and contains 4 self service and 6 information terminals. With this technology there is minimal demand for staffing and is currently operated by a single person with some help on a Saturday.

The agency operates under a long term TAB Agency Agreement, no leasing or inventory costs, minimal operating and outgoing costs. The sale price includes an ATM agreement which generates a net profit of $8 10k per annum making the net income in the order of $98k for 26 wks work.
There is potential revenue growth from new online trailing commissions and sales via customers personal devices located within the Hotel complex.
All training and support is provided by Racing and Wagering WA.

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*Based on gross commission minus GST for twelve months prior to listing date. Agency operational costs / casual wages not included.

Date Listed: Tuesday, 5 February 2019 3:32 PM

on applicationWarwick TAB

Warwick TAB

Location: Warwick

Ownership: 50%

Income Ratio: on application* *

Annual Commission: on application

This is a high turnover Agency featuring the latest in Race Wall technology. The agency is located in an established demographic and generates solid sales throughout the year. The Agency is ideal for a Sole Operator or family company and is well-supported with Self-Service and Touch Screen Information Terminals.

The Agency operates under a long term Agency Agreement. There is potential revenue growth from trailing on-line account commissions and located in-store sales via customer personal devices.

The Warwick TAB business model has minimal operating expenses with no leasing or inventory costs. Training and on-going support is provided by Racing & Wagering WA.

Interested parties can contact Wayne Walker

 

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*Based on gross commission minus GST for twelve months prior to listing date. Agency operational costs / casual wages not included.

Date Listed: Tuesday, 30 October 2018 11:40 AM

POACurrambine TAB

Currambine TAB

Location: Currambine Central Shopping Centre

Ownership: 100% will consider 50%

Income Ratio: POA* *

Annual Commission: POA*

 This is a Blue Chip Agency showcasing the latest in Race Wall design. The agency has been established for 3 years and features all the latest in digital technology. This modern TAB Agency is situated in a rapidly growing retail precinct adjacent to Dan Murphy's at the Currambine Central Shopping Centre, Marmion Avenue, Currambine.

The Agency is ideal for a Sole Operator or family company and is well-supported with Self-Service and Touch Screen Information Terminals.

The Agency trades under a long term 15 year Agency Agreement that also offers potential revenue growth from trailing on-line account commissions. The Currambine TAB works to a proven business model that provides the operator minimal expenses with no leasing costs or inventory expenses.

For further information please contact Licensee: 0417 991 843

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*Based on gross commission minus GST for twelve months prior to listing date. Agency operational costs / casual wages not included.

Date Listed: Thursday, 4 May 2017 3:26 PM

$312,600Peppermint Grove TAB

Peppermint Grove TAB

Location: Peppermint Grove

Ownership: 100%

Income Ratio: on application *

Annual Commission: on application

The Peppermint Grove TAB lies in an exclusive catchment in the western suburbs of Perth. The agency has a secure lease in a high exposure location on Stirling Highway. Local custom provides a stable wagering base; ideal for a budding retailer looking to own and run a business with a steady income.

The business operates under a long term agreement that offers the potential to connect to on-line customer transactions. This is a proven business model featuring great support and training. There are no exorbitant franchise fees or rental of the premises. Although a busy agency, the business can be managed by a husband and wife team or sole operator.

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*Based on gross commission minus GST for twelve months prior to listing date. Agency operational costs / casual wages not included.

Date Listed: Friday, 11 December 2015 1:16 PM